Issuer |
Village of Minooka |
State |
Illinois |
Amount1 |
$3,485,000 |
Type
Issue/Series |
General Obligation Refunding Bonds (Alternate Revenue Source), Series 2016 |
Rating |
Standard & Poor's: 'AA- (Stable)' |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $69,700 (2% of par) wire transfer. Please see NOS for details. |
|
Sale Date |
10/25/16 |
Dated Date |
11/10/16 |
Settlement
Date2 |
11/10/16
|
Sale Time |
11:00 AM - 11:16 AM Eastern Time |
|
Interest Due |
6/15, 12/15 |
Principal Due |
12/15/17 - 12/15/27 |
First Interest
Date |
6/15/17 |
Call Dates |
Non-Callable |
Term Bonds |
Allowed |
Min. Bid Price
|
98.996% |
Bid Details |
Max. Spread: 3.000%
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Nixon Peabody LLP, Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Attn: Brenda Housten: Phone: (312) 346-3700 ext. 486 Email: bhousten@speerfinancial.com |
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